PFF is an exchange-traded fund (ETF) that invests preferred stocks (fixed-rate, floating-rate, and convertible).
PFFD is similar to PFF, but the number of holdings of PFFD is almost half compared to PFF. The expense ratio of PFFD is also about half of PFF.
PGX is an ETF that invests fixed-rate preferred stocks.
PGF is an ETF that invests fixed-rate...
$PFF - Preferred stocks have reached a critical maximum for now and with today's price action we may see an additional confirmation to RSI an MACD. RSI has already dipped for a sell signal and MACD is showing a strong divergence with the price. Volume activity is showing as well that buying power is slowing down. If we have a bullish engulfing candle today as a...
TICKER : PFF
DATE : 16/11/2020
PRICE : $37,71
TRANSACTION : $94 286 000,00
AVERAGE TRANSACTION : $7 760 690,29
MAX : $94 286 000,00
% OF MAX : 100,00%
DIFFERENCE FROM MAX : 1214,92%
Today, we have a long trade to share on this ETF. Here is the full explanation
a) The price is above a major Support zone that was resistance before
b) We can see a clear ABC pattern (continuation structure above the Support and on the edge of the ascending trendline)
c) Based on these 3 items, 1) Corrective structure b) Supported on a Major level c) The...
Hope you learn from my emotional rollercoaster. PFF is supposed to be a stable monthly income play. In fact, some financial advisors treat it as cash/savings account. I was looking to park a large chunk of cash using this instrument in hopes to get a better yield than 1.5% I get from my savings account. Thankfully, I was scaling into the position which I got...
Having a hard time with ideas to get long as the market sells off. TLT doesn't seem to play well but the preferreds (mostly bank stocks) are down nicely. I like the yield and I like that preferred means they may not gut the dividend like all the other "so-called" safe names i.e. COP, GE, KMI . I have had some trouble trading bond products so I am just selling 3...
This instrument has been trading in a very stable range, more stable than treasuries and similarly to TIPS. The dividend yield on this is 5%+.
This is a great way to diversify exposure to US-assets while assuring a high and reliable return.
If prices drop to 37.10, I'll be buying with very little hesitation.
This instrument has been trading in a range much more stable than treasuries and almost comparable if not better than TIPS, but, the dividend rate is about 5%+
If the price drops down to 37.10, this is an incredible buy opportunity for long-term hold and great way to diversify within US assets.
I'll be buying with very little hesitation.
PFF is a dogshit, overvalued, poorly managed, preferred stock fund. People have been buying it up going into an obvious rate hike on June 13th... Something like a 12 day winning streak.. Y'all know this is fixed income, right? Bagholders about to get dicked on. Lucky for y'all this is fixed income, and volatility is minimal
PFF formed a downtrend parallel channel.
A downtrend parallel channel (bearish channel) is a continuation pattern that slopes down and is bound by an upper and lower trend line.
The upper downtrend line it is called main line and marks resistance and the lower downtrend line it is called channel line and marks support.
For a bearish channel, the main line extends...
